Polkadot Loses Steam As DOT Sheds 10% After Weekly Gains

Polkadot Loses Steam As DOT Sheds 10% After Weekly Gains

Another tumbling block for Polkadot (DOT) as its price has declined by over 10% touching $7.70 after closing July in flying colors. Further, DOT seems to hold on to the support zone above $8 especially as the coin will encounter hurdles at $10.

Just when it thought it was bound for the home run, the ETH killer succumbed and slumped after wowing everyone with an impressive bullish streak. More so, Polkadot was seen to have a bearish movement and has tanked to $7.70.

DOT Price Spikes 12% Then Drops 10% Overnight

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As July was nearing its end, DOT harbored support coming from the bulls. Dubbed the top performer among all altcoins, DOT is winning by over 40% as seen from July 26 to 31 showing

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